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George P Johnson sees 300% rise in profit

Agency George P Johnson has recorded a 300% increase in pre-tax profit for the 2015 financial year.

George P Johnson's Jason Megson

Increasing from £201,213 in 2014 to £805,436 in 2015, the company attributed the success to the investments it had been making in recruitment.

Meanwhile, the agency also recorded a rise in turnover, from £29.2m in 2014 to £34.1m in 2015. Operating profit increased from £197,105 to £345,708, while gross profit grew slightly from £2.7m to £2.9m.

The agency’s managing director, Jason Megson, said: "Our 2015 results are a clear and tangible indication that our investments in creative, strategy and digital talent are starting to pay off. We expect 2016 financials to support a continuation of this growth trend, plus we will see the opening up of some exciting new service offerings at GPJ."